(Un)fortunately, it takes some time to explain to someone how cryptocurrencies work. I always get a lot of question which I'm really content to answer. Not every person understand what I say but it looks like most of them listen to me carefully. I always try to show the benefits of Bitcoin. I was quite surprised that not every person knows that paper money has not value at all! Some of them thought that government has enough gold to cover the value of each bill.

The future of Bitcoin might be really interesting. I can't wait to see what will happen to banks. Right now, people use banks mostly because they want to store their money in a secure place. In the future, banks might replace exchanges. Some people will probably store their crypto there due to high interest rate or some other things that banks will think of in order to survive. I won't use banks in such case, I think that they are only looking for our money. They simply don't care about their clients.

I doubt that people will lose interest in Bitcoin. Even though Bitcoin's transactions are expensive and take a lot of time to confirm, it is still the most popular cryptocurrency. Bitcoin is still a king probably because it was the first cryptocurrency and many people pump its price. There are many interesting altcoins that have different features than Bitcoin. We can't create one cryptocurrency, it is not possible to have all the features in a one package.

As we could see, Bitcoin has no problems with surviving its hard time. There were many hard forks and threats that could destroy the Bitcoin but it looks like our community is strong and won't let Bitcoin die. The are a few problems which we have to solve for instance, high transaction fees and legal issues. Some countries still don't know how they should deal with Bitcoin. Fortunately, some of them started to see the potential of Bitcoin.

It is quite surprising but social media are very important in today's world. A lot of companies focus on public relations and advertising on social media. More and more people become interested in Bitcoin probably due to its increasing value. Personally, I'm fascinated by the idea of cryptocurrencies and that is why I spend a lot of time researching them. I saw a few Bitcoin advertisements on Instagram. Also, some popular people in my country started accepting donations using Bitcoin.

Bitcoin has a lot of advantages. Firstly, everyone can use it. Age, nationality, sex don't matter! We can finally get rid of ton of papers when you want to open a bank account. Secondly, you can generate as many addresses as you want. Nobody will now that you own a particular address unless you prove it or use it in a place where you have to expose your identity. Also, it is important that Bitcoin is decentralised and nobody can control it.

It is too late to destroy Bitcoin. If governments started to ban Bitcoin in 2012, they wouldn't have had a problem with it now. The only thing that could disrupt the network is 51% attack. Fortunately, this attacks is too expensive to perform. The only thing I would worry about is Bitmain which is the largest manufacturer of ASICs. Currently, there is no competition for them. Lack of it may cause stagnation in releasing new version of their miner.

Many people still don't know whether or not they should invest in BTC. If you had invested in September this year you would have fivefold the money you invested. Due to huge profits many people think that Bitcoin is a bubble. Demand for Bitcoin is increasing because more and more people start to believe that Bitcoin may become a global currency in the future. I personally think that Bitcoin is a new gold, I can't wait to see what will happen to BTC in the next 10 years.

I doubt we will ever have crash to less than $2000 dollars. Bitcoin has became really popular this year. The only thing that could cause such crash could be global Bitcoin ban which in my opinion is not possible. Even though Bitcoin might be a problem for some people, it is still interesting at worth taking look at. People who invest in Bitcoin now still have a chance to earn a lot of money. I wouldn't be surprised if Bitcoin was worth a few million in the future due to limited supply and enormous demand.

I always recommend only offline wallets. Even though online wallets are convenient in use, they aren't as secure as offline wallets. I would recommend a few wallets. For people who don't want to buy a hardware wallet and are going to send a lot of transactions then both Electrum and Armory are a great choice. They are easy to use and have a pretty good documentation. Paper wallet is good when you want to give BTC to someone as a gift. This kind of wallet isn't very durable.

Before I heard about Bitcoin, I thought that online banking would replace paper money because it is more convenient to use and is safer when you send huge amounts of money. Bitcoin has a chance to be implemented faster than online banking in some countries. I would rather use Bitcoin than depend on the bank which can do whatever it wants to my money.

Why you all blame Bitcoin? Did you do anything which could help in its future development? Why don't just move to another altcoin? Bitcoin isn't as fast as it used to be but it doesn't mean that we have to abandon it. What we should do is try to make Bitcoin better by for example introducing Lightning Network which by the way is being tested on the Bitcoin's testnet network. Patience is key here.

Even though Bitcoin has no physical value, I would recommend you to invest in it. Gold is a valuable resource but don't you think it's overpriced? There is still plenty of gold which is waiting to be mined so we don't know the exact number of gold which exists. Bitcoin has a controlled supply of around 21 million coins. Nobody can create fake bitcoins or double spend. The only benefit of gold is that it is widely used in jewellery and electronics. Storing gold is more expensive than Bitcoin.

I'm not that crazy to sell my house and everything what I have in order to buy more Bitcoin. I always invest my spare money in BTC but I wouldn't risk my house even if I knew that Bitcoin value would increase. Where would I live? My family lives far away and I don't want to be a trouble for my friends. I still sometimes think about it because of potential profit but I decided a long time a go that I am not going to sell my house. I don't want to end up being homeless.

Some people consider any kind of investment as a gambling. The same thing goes for Bitcoin. Personally, I think that Bitcoin is a great investment in our future. However, every investment is a bit risky. You can lose your money due to many factors such as lack of experience, bug or even a crash of Bitcoin. I would recommend every person who want to invest in Bitcoin to learn a little about it before they buy it.

There are many differences between Bitcoin and real money. First of all, Bitcoin doesn't have any physical form. For me, it is more convenient to use Bitcoin. Bitcoin is decentralised and independent. No one can create fake bitcoins. Bitcoin is faster than wire transfers but its transactions fees have been increasing recently so I wouldn't recommend it for small, daily payments. This is the biggest flaw of BTC.

That is the most unlike thing that could happen. A lot of people have already invested in Bitcoin so I doubt that for example the United States would have enough courage to ban Bitcoin. China has banned Bitcoin and they won't to make it legal once again. They wanted to lower the Bitcoin price, buy it and then sell it for higher price. Pretty wise, isn't it? I think that Bitcoin will be worth at least $100.000 by the end of 2018.

Cash is better only because there are no problems with accepting it beside the fact that there are many different currencies. If I had to choose between online banking and cash I would still use cash because it isn't controlled as much as banking system. Bitcoin partially solves the problem of being monitored. Everyone can create as many wallets as they want and it doesn't cost anything! Also, some people prefer to have their money in a physical form.

Bitcoin has surpassed expectations of many people. I always believed that Bitcoin had a bright future and now more and more people are being interested in the concept of cryptocurrencies which will change they way we see money. $1 million is possible and I'm looking forward to seeing that.

Some governments are afraid of Bitcoin mostly because it brings us revolution to current financial system. If Bitcoin becomes more popular, banks won't be needed anymore.